MG deliveries in Europe spike 143% in first half

MG’s sales in Europe surged 143 percent year on year to some 115,000 vehicles in the first six months on demand for electrified vehicles. 

Electrified vehicles and plug-in hybrids generated more than half of the volume, SAIC Motor Corp., the British car brand's Chinese owner, said this week. 

With MG’s local sales poised to reach 200,000 this year, it has started planning to construct an assembly plant in Europe, SAIC added, without divulging the production plan's details. 

MG produces vehicles in China, Thailand and India. 

In the first half, its global deliveries topped 370,000, a 40 percent jump from a year earlier.

It expects MG’s annual global sales to reach 800,000 in 2023, a 21 percent increase from last year, SAIC said.